Economics

Make space for what matters

There are many sparkling wines that are shockingly cheap and absolutely fabulous. I'd like to introduce you to several amazing alternatives to Champagne including...

Data analysis tracking pay gains among individual workers shows that median wage growth began accelerating in mid-2021 before peaking in mid-2022.

These services essentially provide customers an alternative way to pay for purchases over time without going into credit card debt or taking out a traditional personal loan.

Billionaire Mark Cuban says he followed four rules to get rich, and that anyone can use the same blueprint to make their own money and become a millionaire.

A historical look at the inflation rate.

The COVID-19 period saw a huge rise in international shipping costs, but price pressure is likely to ease further as containerships on order are built and delivered.

A state’s severe racial disparities are traced back to restrictive real estate covenants.

Monday, September 5: NIL at The University of Michigan for Michigan Wolverines General

The legislation will fund the government through next September.

In the 2018 Nora and Edward Ryerson Lecture at the University of Chicago, Richard H. Thaler discusses his Nobel Prize-winning research.Richard H. Thaler is t...

The collapse of America’s middle class crushed department stores. Amazon and the pandemic are the final blows.

The entertainment group has been quietly scanning faces since at least 2018.

Buy Now, Pay Later (or BNPL) loans have seen an astronomical growth in popularity - you’ve probably seen them while shopping online. While they may seem like...

BNPL loans are consumer installment loans that allow you to purchase items right away with little or no initial payment and pay off the balance in installments over time.

Christmas is approaching. For many people this is a magical season, filled with songs and decorations, when you hope that all your wishes come true. Others consider Christmas to be a stressful time when you need to rush around to get presents for all your friends and family.

"Kidults" are responsible for one-fourth of all toy sales annually, around $9 billion worth, as they buy everything from Star Wars to Lego products.

Loss aversion can make coming in second place feel disappointing, while coming in third can be seen as a positive outcome because it avoids the disappointment of not achieving the goal.

In addition to the World Cup trophy, the tournament winners in Qatar will receive a tidy sum of money.

Given that the holiday break is upon us, this FOMC-related post is intended to give you, the educator, food for thought if you are interested in diving a bit deeper into issues surrounding the Federal Reserve and their policies.  You never know, this could come in handy if the topic comes up during one of those holiday gatherings....   The Issue As part of this month’s FOMC, members revised their projections for economic indicators (SEP), and their interest rate projections are higher than what the market believes they will be a year from now. This made for interesting questions during the post FOMC press conference and among the talking heads afterward. (For more on the SEP, check out this EconExtra from September that explains it.)   Resources For a thorough review of what came to light in the Powell press conference this week, and how we got to where we are today and where we have been in terms of inflation, take five minutes to watch Gary Cohn on CNBC.

Upwork (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released the results of “Freelance Forward

LEGO set prices differ depending on where you shop. TheToyZone found a 700% difference between the average price of LEGO in the most and least expensive markets.

The share of adults who live in middle-class households fell from 61% in 1971 to 50% in 2021, according to a new analysis.

View the latest prices of your favorite restaurants, gyms, beauty salons, movie theaters, mechanics, pet groomers, deli shops, bakeries, and more.